VAN HAM
ActiveSummary
VAN HAM has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €413k and a net result of €-55k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 54% of 265 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▲+14
Solvency75▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.62 in 2024; short-term debt: 49% and cash: 1.9% of total assets), but 50.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-55k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-03-2026, 126 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
126 d early
2024
57 d early
2023
124 d early
2022
28 d early
2021
3 d early
2020
16 d early
2019
49 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€413k▼ 11.8%
2024 · €468k
2018: €214k
2019: €258k
2020: €339k
2021: €515k
2022: €570k
2023: €625k
2024: €468k
2018 → 2025
Total assets
€832k▼ 7.6%
2024 · €901k
2018: €845k
2019: €899k
2020: €916k
2021: €1.10M
2022: €1.22M
2023: €1.08M
2024: €901k
2018 → 2025
Net result
€-55k▲ 64.8%
2024 · €-157k
2018: €82k
2019: €43k
2020: €81k
2021: €176k
2022: €54k
2023: €55k
2024: €-157k
2018 → 2025
Working capital
€215k▼ 13.0%
2024 · €247k
2018: €-10k
2019: €34k
2020: €81k
2021: €298k
2022: €324k
2023: €395k
2024: €247k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€515k-€570k▲ 10.6%€625k▲ 9.7%€468k▼ 25.1%€413k▼ 11.8%
Operating result€188k-€67k▼ 64.4%€72k▲ 7.8%€-138k€-39k▲ 71.8%
Net result€176k-€54k▼ 69.2%€55k▲ 1.4%€-157k€-55k▲ 64.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €39k in 2025 against €138k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €832k
Fixed assets
€210k ▼ 17.9%
Current assets
€622k ▼ 3.6%
Equity and liabilities €832k
Equity
€413k ▼ 11.8%
Debt
€419k ▼ 3.2%
Debt's share of the balance-sheet total rises from 48.1% to 50.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▲
2024 · €-89k
Cash flow
€-10k▲
2024 · €-108k
Current ratio
1.53▼
2024 · 1.62
Quick ratio
0.36▲
2024 · 0.34
Debt to equity
1.02▲
2024 · 0.93
ROE
-13.4%▲
2024 · -33.5%
ROA
-6.6%▲
2024 · -17.4%
Interest coverage
0.41▲
2024 · -4.64
Debt ≤ 1 year
€408k▲
2024 · €399k
Debt > 1 year
€12k▼
2024 · €34k
Staff costs
€306k▼
2024 · €320k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€901k€832k▼
Fixed assets21/28€255k€210k▼
Tangible fixed assets22/27€245k€200k▼
Land and buildings22€159k€148k▼
Plant, machinery and equipment23€24k€17k▼
Furniture and vehicles24€5k€2k▼
Leasing and similar rights25€58k€33k▼
Financial fixed assets28€10k€10k=
Current assets29/58€646k€622k▼
Stocks and contracts in progress3€511k€476k▼
Stocks30/36€511k€476k▼
Amounts receivable within one year40/41€119k€123k▲
Trade receivables40€119k€123k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€11k€16k▲
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€901k€832k▼
Equity10/15€468k€413k▼
Contributions10/11€719k€719k=
Capital10€710k€710k=
Issued capital100€710k€710k=
Outside capital11€9k€9k=
Share premium1100/10€9k€9k=
Reserves13€79k€79k=
Non-distributable reserves130/1€24k€24k=
Legal reserve130€24k€24k=
Distributable reserves133€56k€56k=
Profit (loss) carried forward14€-330k€-385k▼
Amounts payable17/49€433k€419k▼
Amounts payable after more than one year17€34k€12k▼
Financial debts170/4€34k€12k▼
Amounts payable within one year42/48€399k€408k▲
Current portion of amounts payable after more than one year42€35k€23k▼
Financial debts43€250k€250k=
Credit institutions430/8€250k€250k=
Trade debts44€78k€107k▲
Suppliers440/4€78k€107k▲
Advances received on contracts in progress46€12k€702▼
Taxes, remuneration and social security45€22k€25k▲
Taxes450/3€6k€9k▲
Remuneration and social security454/9€16k€15k▼
Other amounts payable47/48€2k€2k=
Income statement
Code20242025
Non-recurring operating income76A-€12k
Remuneration, social security and pensions62€320k€306k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€46k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€14k€14k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€245k€327k▲
Operating profit (loss)9901€-138k€-39k▲
Financial income75/76B€33€286▲
Recurring financial income75€33€286▲
Financial charges65/66B€19k€17k▼
Recurring financial charges65€19k€17k▼
Profit (loss) for the period before taxes9903€-157k€-55k▲
Profit (loss) for the period9904€-157k€-55k▲
Profit (loss) for the period to be appropriated9905€-157k€-55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-330k€-385k▼
Profit (loss) brought forward from the previous period14P€-173k€-330k▼
Social balance
Average headcount (FTE)90877.56.6▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-157k
Net result drops to €-157k, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €176k ▲117%
Operating result €188k, net result €176k, both a record.
31-12
Financial
Equity above €500kEq €515k ▲52.1%
4 profitable years in a row build equity to €515k.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 49 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lommel · 1 establishment unit since 1987
Ground area
3,951 m²
Building footprint
1,539 m²
Volume, LiDAR
11,717 m³
Parcel 72020C1399/00F006, Flanders · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VAN HAM
since 19872.031.475.750
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C1399/00F006 | Flanders | 3,951 m² | 1 · 1,539 m² | 9.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 855 EUR awarded · 855 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 855 EUR | 855 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 738 companies in sector 23700 we hold annual accounts for 490. 410 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-10-1987
Fiscal year end31-12
Activities, NACEBEL 2025
23700Cutting, shaping and finishing of stone
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.